The formula for hyperinflation concedes that massive debts require massive servicing. We don’t collect enough to meet that at normal rates of interest. Budget deficit numbers and perception can be fudged for all eternity, but ultimately, it is the massive flow of coming payments that will require equally massive bond offering.

It’s the second of an eight party championship series between roommates Neiland Ted. Neil hosts a swingin’ Halloween costume party, but will he haveenough in the tank to make this monster mash go the distance?